AFC Agro Biotech (DHA:AFCAGRO) Debt-to-Equity

: 0.19 (As of Mar. 2023)

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AFC Agro Biotech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was BDT169.0 Mil. AFC Agro Biotech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was BDT221.6 Mil. AFC Agro Biotech's Total Stockholders Equity for the quarter that ended in Mar. 2023 was BDT2,111.6 Mil. AFC Agro Biotech's debt to equity for the quarter that ended in Mar. 2023 was 0.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for AFC Agro Biotech's Debt-to-Equity or its related term are showing as below:

DHA:AFCAGRO's Debt-to-Equity is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

AFC Agro Biotech Debt-to-Equity Historical Data

The historical data trend for AFC Agro Biotech's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AFC Agro Biotech Annual Data

Trend

Dec13

Dec14

Jun15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Debt-to-Equity

0.09

0.18

AFC Agro Biotech Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity																0.18	0.18	0.18	0.18	0.19

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, AFC Agro Biotech's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AFC Agro Biotech Debt-to-Equity Distribution

For the Drug Manufacturers industry and Healthcare sector, AFC Agro Biotech's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AFC Agro Biotech's Debt-to-Equity falls into.

AFC Agro Biotech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AFC Agro Biotech's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(182.145	+	204.188)	/	2096.032
	=	0.18

AFC Agro Biotech's Debt to Equity Ratio for the quarter that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(169.035	+	221.553)	/	2111.559
	=	0.18

AFC Agro Biotech (DHA:AFCAGRO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

AFC Agro Biotech Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of AFC Agro Biotech's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

AFC Agro Biotech (DHA:AFCAGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » AFC Agro Biotech Ltd (DHA:AFCAGRO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

214/D, Gulshan-Tejgaon Link Road, Navana Osman at Link, Dhaka, BGD, 1208

Website

https://www.afcagrobiotech.com

AFC Agro Biotech Ltd is a biotech products manufacturer. It is engaged in manufacturing biopharmaceuticals and biochemicals. It manufactures antibiotics, proteins, vaccines, enzymes from agricultural ingredients like molasses, glucose, potato starch, and other nutrients. The products manufactured by the company are macrolide protein, acetic acid, L-Lysine, monosodium glutamate, methionine, calcium hydrogen orthophosphate, magnesium carbonate, and sodium carbonate. It sells its products to the local markets in Bangladesh.

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